Message Font: Serif | Sans-Serif
No. of Recommendations: 0
First, thanks again to all who replied and shared their thoughts.

I wrote the OP as neutrally as possible in order not to sway opinions, but the fact is that everyone except me used approach "a". While the instructor said she'd accept both methods, it was my sense that she didn't like mine very much.

Out of curiousity I checked several airlines' annual reports just to see if some hint of the calculations might be there. eureka! Airlines use the marginal/incremental cost approach just as I did and, for the first time ever, I got 100% on an accounting assignment.

Print the post  


Paying For School Guide
Trying to Tackle Tuition? The Motley Fool's Guide to Paying for School will help you fight those rising education costs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.